The Limited Times

Savers looking for the anti-inflation formula

3/15/2022, 5:42:36 PM


DECRYPTION - The surge in prices raises fears of an erosion of the savings cushion. Solutions are emerging to withstand the shock.

It is an explosive cocktail for French savings.

In addition to the inflationary surge linked to Covid, there was the din of war and its immediate impact on soaring energy costs.

Something to feed the concerns.

"

Clients call us,

" says Guillaume Eyssette, head of the Gefinéo firm.

Some wonder whether to buy gold

 ;

others, what to do with their funds in euros, whose returns no longer cover inflation.”

To discover

  • Who pays the most income tax in France?

In recent days, with the surge in prices at the pump, the phenomenon has become very concrete.

Savers have been hearing about inflation for months, but since seeing it on their gas bill, it has become really tangible

,” continues Guillaume Eyssette.

Read also

The war in Ukraine will accentuate inflation on the shelves

It is well known that the rise in the cost of living - + 3.6% in February over one year according to INSEE - is a poison for savings.

When prices soar, economies melt.

Those who have placed their woolen stockings on accounts that do not bring in anything...

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